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Business and Economy
COVID-19: World Bank foresees Sub-Sahara Africa’s 1st recession in 25 years
The World Bank Group says Coronavirus (COVID-19), is taking Sub-Saharan Africa towards its first recession in 25 Years.The bank stated this in a statement...
IMF board to meet on Nigeria’s $3.4bn loan request
The International Monetary Fund executive board would soon meet over a fresh $3.4bn loan request from Nigeria.In a statement issued acknowledging the request, IMF Managing...
NSE: Market capitalisation rises N77bn, amid renewed interest in blue chips
The Nigerian equities market maintined upward trend on Wednesday with the market capitalisation growing further by N77 billion following renewed interest in high capitalised...
COVID-19: Nasarawa residents decry hike in prices of food items
Some residents of Nasarawa State have decried the spike in the prices of food items in the market over partial lockdown in the state...
COVID-19: SON deploys 29 free int’l standards on essential products
The Standards Organisation of Nigeria (SON) has deployed 29 relevant international standards to support the manufacturing and importation of essential materials to combat the...
Zenith Bank deploys automated voice banking service to ease transactions
Zenith International Bank Plc has introduced an automated voice banking service, an Interactive Voice Response (IVR) solution to enable customers perform basic banking transactions.Mr...
COVID-19: Lagos markets record drop in prices of perishables food items
One week after the restriction of movement in a bid to curtail the spread of COVID-19, prices of perishable food appears to be plummeting.This...
COVID-19: CBN cautions Nigerians on activities of cyber criminals
The Central Bank of Nigeria (CBN) has cautioned Nigerians on activities of cyber criminals taking advantage of the current COVID-19 pandemic to defraud citizens.The...
NSE: Investors lose N222bn in 6 hours
Activities opened on the Nigerian Stock Exchange (NSE) for the week on a bearish posture with the market capitalisation losing N222 billion in about...
COVID-19: Nigeria seeks $3.4 billion loan from IMF
Nigeria has applied to the International Monetary Fund for a rapid credit loan of 3.4 billion US dollars as part of measures to cushion the...